International Consolidated Airlines Group (ICAGY) to Release Earnings on Monday

International Consolidated Airlines Group (OTCMKTS:ICAGY) is expected to release its earnings data on Monday, February 24th. Analysts expect International Consolidated Airlines Group to post earnings of $0.21 per share and revenue of $7.62 billion for the quarter.

International Consolidated Airlines Group Stock Performance

Shares of OTCMKTS ICAGY opened at $8.52 on Monday. The firm has a 50 day moving average of $7.90 and a 200 day moving average of $6.21. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 2.71. The firm has a market capitalization of $20.58 billion, a price-to-earnings ratio of 2.71, a price-to-earnings-growth ratio of 0.75 and a beta of 2.17. International Consolidated Airlines Group has a 12-month low of $3.54 and a 12-month high of $9.11.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. The Goldman Sachs Group downgraded shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Monday, February 10th. Sanford C. Bernstein downgraded shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. Finally, Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, International Consolidated Airlines Group presently has a consensus rating of “Moderate Buy”.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.